The orders for Oerlikon Barmag’s polyester yarn spinning technology come from a pair of customers in Zhejiang province and will help the Swiss company push its man-made fibre textile machinery business’s operating profit margin toward 15 percent of sales, Oerlikon said in a statement.

“These orders confirm the strong recovery in the filament equipment market and the continued trust our market-leading customers have in us and our technologies,” said Chief Executive Roland Fischer in the statement.

“We expect the segment’s business to continue developing well and the mid-term prospects to remain positive, with the opportunity to structurally converge the segment’s business toward mid-teens EBITDA margin again.”